Virtual Asset Exchange Bitstamp Obtains Singapore License
Heecheol Yang
Summary
- It was reported that Bitstamp obtained an operating license from the Monetary Authority of Singapore (MAS).
- With this license, Bitstamp announced that it will actively pursue expansion in the Asia-Pacific region.
- As Bitstamp secures a foundation for global expansion, an increase in market influence is anticipated.
Bitstamp, the cryptocurrency (virtual asset) exchange and a subsidiary of Robinhood, has obtained an operating license from the Monetary Authority of Singapore (MAS).
On the 3rd (local time), Cointelegraph reported, "With the acquisition of this license, Bitstamp will actively pursue expansion in the Asia-Pacific region."
Heecheol Yang
heecheol@bloomingbit.ioHello, I'm a reporter at bloomingbit
![[Analysis] “ETFs and short covering drove Bitcoin’s rebound…on-chain indicators are mixed”](https://media.bloomingbit.io/PROD/news/6c7dbd31-4aeb-400e-9c43-c2843062fc66.webp?w=250)
